Further easing measures favor unconventional measures over rate cuts
Published on Friday, March 11, 2016 | Updated on Monday, March 14, 2016
Further easing measures favor unconventional measures over rate cuts
The ECB cut rates to record lows, increased the size -and widened the scope - of its APP and introduced a new round of (attractive) TLTROs. The Staff revised its inflation projections significantly downwards, as expected. The ECB remains vigilant and ready to act if necessary, favoring further “unconventional measures” over (not-excluded) additional rate cuts.
Documents to download
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Authors
- Sonsoles CastilloBBVA Research - Chief Economist for Financial and Economic Analysis
- Agustín GarcíaBBVA Research - Lead Economist
- Olga GouveiaBBVA Research - Lead Economist
- Miguel JiménezBBVA Research - Lead Economist
- María MartínezBBVA Research - Principal Economist
- Alejandro NeutBBVA Research - Lead Economist
Topics
- Topic Tags
- Central Banks
- Financial Markets
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